CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

Which of the following would be considered a nonparametric test?

I. A test to determine if two events are truly independent of each other.
II. A test to determine if the variances of two populations are equal.
III. A test to determine if the means of two populations are equal.
IV. A test dealing with a data set that's made up of rankings, as opposed to nominal values.
A. I and IV
B. II and III
C. I and III
Explanation: Any test that deals with the mean or the variance of the population is regarded to be a "parametric" test. Consequently, all other tests would be regarded as "nonparametric" tests.

User Contributed Comments 1

User Comment
edrei7 Parametric tests are concerned with parameters and deals with assumptions.
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